511 Loraine Rd Memphis, TN 38109
Whitehaven NeighborhoodEstimated Value: $140,000 - $157,000
3
Beds
2
Baths
1,272
Sq Ft
$117/Sq Ft
Est. Value
About This Home
This home is located at 511 Loraine Rd, Memphis, TN 38109 and is currently estimated at $149,253, approximately $117 per square foot. 511 Loraine Rd is a home located in Shelby County with nearby schools including Holmes Road Elementary School, Geeter School, and Dubois Elementary School Of Arts Technology.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 15, 2025
Sold by
Memphis Investment Properties Iv Llc
Bought by
511 Loraine Rd Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,641
Outstanding Balance
$109,249
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$43,225
Purchase Details
Closed on
Oct 11, 2024
Sold by
Anderson Robert L and Anderson Pauline
Bought by
Memphis Investment Properties Iv Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.35%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
511 Loraine Rd Llc | $158,900 | None Listed On Document | |
Memphis Investment Properties Iv Llc | $89,000 | None Listed On Document |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | 511 Loraine Rd Llc | $109,641 | |
Previous Owner | Memphis Investment Properties Iv Llc | $120,000 | |
Previous Owner | Anderson Pauline K | $48,750 |
Source: Public Records
Tax History Compared to Growth
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | -- | $26,850 | $3,750 | $23,100 |
2024 | $523 | $15,425 | $2,500 | $12,925 |
2023 | $940 | $15,425 | $2,500 | $12,925 |
2022 | $940 | $15,425 | $2,500 | $12,925 |
2021 | $951 | $15,425 | $2,500 | $12,925 |
2020 | $1,007 | $13,900 | $2,500 | $11,400 |
2019 | $1,009 | $13,925 | $2,500 | $11,425 |
2018 | $1,009 | $13,925 | $2,500 | $11,425 |
2017 | $572 | $13,925 | $2,500 | $11,425 |
2016 | $572 | $13,100 | $0 | $0 |
2014 | $572 | $13,100 | $0 | $0 |
Source: Public Records
Map
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